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Thu, 17 Jan 2019 12:13:11 +0000
Lotus models to be built in new China factory
The upcoming Lotus SUV, as imagined by AutocarNew $1.3 billion facility in Wuhan will aid introduction of more diverse line-up; sports car production to remain in the UK
Future Lotus models are set to be produced in China, as owner Geely is developing a $1.3 billion (£1.01 billion) factory with a capacity of 150,000 vehicles a year.
According to a Reuters report, the facility in Wuhan would provide an opportunity for the Norfolk-based sports car manufacturer to build SUVs as part of its expansion under Geely ownership. The bulk of production at the new site would be taken up by Geely models, however.
Lotus stated: “Lotus Cars is undergoing an exciting resurgence with the backing of Geely, and expanding the brand's manufacturing footprint globally is a key part of the company's strategy.”
As reported by Autocar last year, Geely is planning a £1.5 billion investment in Lotus, with the aim of diversifying its line-up.
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